Enterra Insights

NOVEMBER 2, 2021

Supply chain management spans all movement and storage of raw materials, work-in-process inventory, and finished goods from point-of-origin to point-of-consumption.’ These functions lie within and outside a company that enable the value chain to make products and provide services to a customer.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 130

Supply Chain Shaman

DECEMBER 28, 2020

When I started my business in 2012, I frequently wrote about the future using the moniker of Supply Chain 2020. Strangely, in the last decade, while companies had the opportunity to use technology better, supply chain performance declined. When compared to pre-recession years, we ended the decade with twenty more days of inventory.

Supply Chain Planning Software 411

Supply Chain Planning Software Forecasting Forecasting Software Modeling 411

Logistics Viewpoints

DECEMBER 5, 2022

But Molex, a global electronics and connectivity solutions company, has been investing in their intelligent digital supply chain strategy to improve their supply chain agility and customer experience. The company is present in 38 nations and has more than 40,000 employees. It is part of Koch Industries. The Molex Supply Chain.

Agile and Lean Supply Chain 196

Agile and Lean Supply Chain Rail Software Manufacturing Procurement Supply Chain Planning Software 196

Demand Solutions

MARCH 27, 2020

So then, how are you shaping your company's culture to empower your employees? When trying to answer this question, many people think of company perks like benefits programs, flexible schedules, office lunch parties and open-door policies. Organizational Culture Matters to Supply Chain Professionals.

Atlanta 173

Atlanta Supply Chain Planning Supply Chain Software Supply Chain Strategy 173

Logility

FEBRUARY 10, 2012

Consumer Goods Technology recently released its 2012 Consumer Goods Technology Reader’s Choice survey results. To remain competitive consumer goods companies must have greater supply chain visibility to understand at a moment’s notice the impact a sourcing, inventory or manufacturing decision will have.

Consumer Goods 100

Consumer Goods Supply Chain Planning Software Supply Chain Software Optimization Software 100

Supply Chain Shaman

AUGUST 12, 2020

The methodology did not include a peer group analysis, and I strongly felt that chemical, retail, and telecommunications companies should not be compared in the same analysis. Putting all companies in a spreadsheet and shaking them up made no sense to me. Over 95% of companies are not good at driving trade-offs. The result?

Gartner 235

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 235

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2022

Almost every progress-oriented company wants it right now: artificial intelligence (AI). A friend recently told me a fitting example of this: A few years ago, he worked for an AI startup that was invited by a large pharmaceutical company to give a board presentation. The way is not the goal. MORE FROM THIS EDITION.

How To 246

How To Supply Chain Software Supply Chain Planning Software Singapore 246

Logistics Viewpoints

APRIL 4, 2022

While the company has several different goals, two key focuses are improved agility and resilience, and more autonomous planning. Not surprisingly a company this big, delivering different solutions to a variety of industries, has a complex supply chain. The company has over 300,000 products. A Complex Supply Chain.

Supply Chain Transformation 194

Supply Chain Transformation Supply Chain Planning Software Modeling Scenario Planning 194

Supply Chain Shaman

JUNE 7, 2021

I wanted to help companies drive step-changes in performance. My argument centered on the observation that as new technologies evolved, companies did a lift and shift. Companies want a definitive Return on Investment (ROI), limiting the opportunity to test and learn with new technologies. The approach was not as profitable.

Gartner 197

Gartner Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing 197

Arkieva

APRIL 19, 2016

In those blogs we have shown there is a lack of alignment when setting targets for the Cash, Cost and Service in companies. Using so called orbit charts, we have benchmarked companies on EBIT% versus Inventory Turns. As recaptured in Figure 1, the inventory turns are a measure on the ‘cash’ side of the triangle.

Benchmarking 60

Benchmarking Inventory Reduction Inventory Expense Reduction 60

Supply Chain Shaman

AUGUST 12, 2022

” He replied, “You probably don’t know much about supply chain, but I am leading a supply chain team for a company that sells tools to Home Depot. As he spoke, I discovered: The Company Was Blindly Fielding RFP Process. As he spoke, I discovered: The Company Was Blindly Fielding RFP Process. The reason?

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Modeling Modeling Software 195

Supply Chain Shaman

MAY 29, 2014

The first, and my major issue with the Gartner Top 25 methodology, is that it attempts to compare all companies in a spreadsheet. I just don’t think the comparison of very different industries in a spreadsheet based on growth, inventory values, and Return on Assets (ROA) is meaningful. It Should Not Be a Beauty Pageant.

Gartner 301

Gartner Inventory Reduction Supply Chain Planning Software Pharmaceutical 301

Supply Chain Movement

JANUARY 7, 2013

Demand Planning provides more or less the same performance across companies, with average weekly error rates of 53%. The spread in bias between companies was more pronounced – top performers achieved weekly bias of 3%, less than half the average level of 7%. Terra’s Forecasting Benchmark Study is a pretty comprehensive survey.

Forecasting 68

Forecasting Benchmarking Forecasting Software Study 68

ShipBob

AUGUST 12, 2019

Since 2012, about a quarter of total annual retail ecommerce revenue has been generated during the holiday season. Mistake #3: Not ordering enough inventory. The holidays are a season of high demand, and more demand requires more inventory. Keep an eye on inventory levels throughout the season as well.

Company 72

Company 3PL Supply and Demand Predictive Analytics Software 72

RFgen

JULY 19, 2015

Inventory management can be made easier with barcode scanners. Inventory management is one of the most important aspects of having a business. Companies that have products to sell need to know what they have and where it is in their warehouses. Here are five quick tips for effective inventory management: 1.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Inventory 52

RFgen

JULY 19, 2015

Inventory management can be made easier with barcode scanners. Inventory management is one of the most important aspects of having a business. Companies that have products to sell need to know what they have and where it is in their warehouses. Here are five quick tips for effective inventory management: 1.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Inventory 52

RFgen

AUGUST 31, 2016

According to a company press release, the big-name retail chain recently added Benjamin Cook , the former logistics and supply chain head at Apple, to its team. Cook’s first day was on July 24, 2016 in Minneapolis at the company’s headquarters. Why Inventory Management Matters.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Inventory Management Supply Chain Planning Software 52

RFgen

AUGUST 31, 2016

According to a company press release, the big-name retail chain recently added Benjamin Cook , the former logistics and supply chain head at Apple, to its team. Cook’s first day was on July 24, 2016 in Minneapolis at the company’s headquarters. Why Inventory Management Matters.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Inventory Management Supply Chain Planning Software 52

Supply Chain Shaman

JUNE 19, 2013

Early 2012 marked the end of the third decade and 2013 finds us into the fourth. Companies are stalled on improving customer service and forecast accuracy. It comes in many flavors–increase in inventory, changes in sales policies, new product lines– all add to the complexity. Balance Remains an Issue. 3) Leadership.

Forecasting 268

Forecasting Supply Chain Planning Software Agile and Lean Supply Chain Forecasting Software 268

Supply Chain Movement

JULY 10, 2014

Since 2012 Supply Chain Movement, in collaboration with partners, creates mind maps with practical Thoughts, Tools, Tips and Ticks. These consequences for a company put a certain pressure on the operation, shown in the lower right box: What challenges for the supply chain caused this impact? Mind Map for Inventory Management.

Pharmaceutical 121

Pharmaceutical Supply Chain Planning Software Supply Chain Optimization Supply Chain Planning 121

RFgen

JUNE 30, 2015

Pharmaceutical companies could benefit from asset management software and mobile data collection to help prevent and carry out recalls. It is therefore of the utmost importance for pharmaceutical companies and drug manufacturers to remain diligent in all business practices, including inventory management.

Asset Management 52

Asset Management Pharmaceutical Inventory Management Software Supply Chain Software 52

RFgen

JUNE 30, 2015

Pharmaceutical companies could benefit from asset management software and mobile data collection to help prevent and carry out recalls. It is therefore of the utmost importance for pharmaceutical companies and drug manufacturers to remain diligent in all business practices, including inventory management.

Asset Management 52

Asset Management Pharmaceutical Inventory Management Software Supply Chain Software 52

Arena Solutions

APRIL 4, 2023

Since the start of 2012, more people graduating from college and universities are entering the engineering/manufacturing fields. alone, colleges and universities awarded 83,263 bachelor’s degrees in engineering in 2012, a 37% increase over the 60,605 degrees conferred in 2002. Breaking it down In the U.S.

Manufacturing Procurement 74

Manufacturing Procurement Sourcing Strategies Inventory Reduction Cost Reduction Strategies 74

Supply Chain Shaman

JULY 21, 2022

To help, we analyze business results each year to understand which companies outperform on the balanced scorecard of growth, inventory turns, operating margin, and Return on Invested Capital (ROIC) over the past ten years. We designed the Supply Chains to Admire Methodology to help companies define supply chain excellence.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Pharmaceutical Supply Chain Design 195

Supply Chain Shaman

OCTOBER 20, 2012

I spoke at the Kinaxis event (#kinexions12), and I asked companies to answer the question, “Which of the following statements is true?” Here is the list: Supply chain technology implementations have reduced inventory. Companies should implement supply chain best practices. Most were surprised at the answer.

Inventory Reduction 261

Inventory Reduction Cost Reduction Strategies Resource Reduction Material Savings 261

Supply Chain Network

MARCH 2, 2012

The acquisition expands IBM’s cloud-based analytics offerings that provide supply chain intelligence leading to better inventory management and cost efficiencies. This new digital marketplace requires companies to be highly responsive to consumer demands on the fly.” Link to the Press Release.

Optimal Sourcing 79

Optimal Sourcing Modeling Negotiating Skills Manufacturing Procurement 79

RFgen

MAY 2, 2019

Mobile data collection can help companies better manage their inventories to eliminate excess. To remain competitive in their respective markets, companies need to constantly reevaluate their business operations to determine if they can do things better or more efficiently. Reduce Excess Inventory. ” 3. .

Waste Reduction 52

Waste Reduction Inventory Reduction Cost Reduction Strategies Resource Reduction 52

RFgen

MAY 2, 2019

Mobile data collection can help companies better manage their inventories to eliminate excess. To remain competitive in their respective markets, companies need to constantly reevaluate their business operations to determine if they can do things better or more efficiently. Reduce Excess Inventory. ” 3. .

Waste Reduction 52

Waste Reduction Inventory Reduction Cost Reduction Strategies Resource Reduction 52

Supply Chain Shaman

OCTOBER 25, 2013

SAP touts “best-run companies” while the Accenture ads claim “ high-performance supply chains.” I just do not think that you can put companies in a spreadsheet and shake them up. A chemical company just should not be compared to a high-tech company using this methodology. I shake my head.

Gartner 257

Gartner Supply Chain Strategy Supply Chain Software Supply Chain 257

GlobalTranz

MAY 13, 2015

When someone hears the company name “Walmart” several things come to mind from a pop culture standpoint. Walmart would not have the ability to provide such low prices and have consistent inventory in the over 5,000 stores in the United States and over 1.3 million employees without a focus on good supply chain management.

Gartner 120

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 120

Supply Chain Shaman

AUGUST 11, 2014

We believe that a supply chain leader is defined by both the level of performance on the Effective Frontier (balance of growth, Return on Invested Capital, Profitability and Inventory Turns) and driving supply chain improvement. During the period of 2006-2012, Campbell Soup Company outperformed its peer group on the Supply Chain Index.

Case Study 286

Case Study Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 286

Herlitz Inventory Management

JULY 7, 2021

Growing up with a father who developed inventory management software for a living spawned some interesting conversations around the dinner table. Around 1980, Anders left IBM and started his own company where he introduced the Forward Buying Module, which gave much-needed financial support to his wholesaler customer base. Bank crisis.

Pricing Training 52

Pricing Training Purchasing Training Negotiating Skills Inventory Management Software 52

Supply Chain Shaman

JULY 22, 2019

No company in the past decade achieved the promised economy of scale. Companies performing the best have three characteristics: Business Model Innovation. Smaller, more agile companies outperform the larger and well-known brands in the retail, beverages, food, and pharmaceutical industry sectors. Leadership. Celebrating Success.

Supply Chain Design Software 250

Supply Chain Design Software Supply Chain Planning Software Gartner Supply Chain Software 250

ModusLink Corporation

MARCH 9, 2022

It enables companies to track and trace their products which are equipped with sensors devices (Cheung, 2018). The use of smartphones to increase the supply chain visibility and anytime access by using available handled devices is quickly standardizing for companies’ solutions. The main IoT tools are elaborated upon below.

Internet of things 78

Internet of things Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 78

Enterra Insights

SEPTEMBER 13, 2018

Half a dozen years ago Laurie Sullivan ( @LaurieSullivan ) wrote, “It turns out one of the biggest obstacles to turning data into actionable insight is that companies don’t share data across departments and partners effectively.”[1] ” The Information Age requires companies to think and act differently. ”[6].

Cost Reduction Strategies 100

Cost Reduction Strategies Inventory Reduction Omnichannel Supply Chain Software 100

Supply Chain Opz

AUGUST 28, 2013

Apple Inc is regarded as the best company in the world for its cutting-edge supply chain management practices. This article will explain to you what we can learn from the co-founder of the company. In literal meaning, Jobs eliminated the unnecessary components which led to the reduction of inventory and smoother production process.

Cost Reduction Strategies 279

Cost Reduction Strategies Inventory Reduction Supply Chain Design Software Supply Chain Strategy 279

Logility

JANUARY 16, 2018

Does demand sensing actually improve a company’s ability to reduce cost and improve customer service? “ Gartner reports that the predominant inputs to demand-sensing solutions are daily point-of-sale (POS), customer inventory, transactional data, and order and shipment history.

Supply and Demand 102

Supply and Demand Demand Planning Software Forecasting Supply Chain Planning Software 102